1475 Catalina,  Laguna Beach CA, 92651 (Residential Income)

1,388 sqft
Status: Active
MLS#: NP16752181
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Last Updated: 12/9/2016 3:04 PM
Description for 1475 Catalina Laguna Beach, CA 92651
Situated moments to the beach, restaurants, and shopping in the heart of the Laguna Beach Village, this charming duplex poses an array of wonderful opportunities. The fully-occupied 2-unit property generates immediate income yet also provides the future option to live-in one and rent the other or merge to create the ultimate permanent residence. The 2 br, 1 ba front unit boasts an updated bathroom and kitchen with granite countertops, handsome tile backsplash, and stainless steel appliances. Beamed and peaked ceilings, a brick fireplace, plantation shutters, air conditioning, and over 830 square feet of living space make this turn-key unit a rare find for future prospective renters. The 1 br, 1 ba back unit above the garage with ocean views measures just over 500 square feet and also includes a beautifully updated kitchen and ceiling fans. Each unit enjoys a private patio on opposite sides of the property set amongst beautifully landscaped grounds as well as private 1-car garages each with their own washer/ dryer. One additional parking spot per unit in the driveway, plus a premier location near all that Laguna has to offer make this coastal income property a cut above the rest.
Price
$1,599,000
Orange
1,388 (approx)
NP16752181
Active
Description
Situated moments to the beach, restaurants, and shopping in the heart of the Laguna Beach Village, this charming duplex poses an array of wonderful opportunities. The fully-occupied 2-unit property generates immediate income yet also provides the future option to live-in one and rent the other or merge to create the ultimate permanent residence. The 2 br, 1 ba front unit boasts an updated bathroom and kitchen with granite countertops, handsome tile backsplash, and stainless steel appliances. Beamed and peaked ceilings, a brick fireplace, plantation shutters, air conditioning, and over 830 square feet of living space make this turn-key unit a rare find for future prospective renters. The 1 br, 1 ba back unit above the garage with ocean views measures just over 500 square feet and also includes a beautifully updated kitchen and ceiling fans. Each unit enjoys a private patio on opposite sides of the property set amongst beautifully landscaped grounds as well as private 1-car garages each with their own washer/ dryer. One additional parking spot per unit in the driveway, plus a premier location near all that Laguna has to offer make this coastal income property a cut above the rest.
Listing Information
Property Type: Cluster, 2 Story
0.09 Acres 392,000 sq.ft. 1,388 (approx)
$1,152.02 1957
Yes- 2 spaces 2
2 Total
Neighborhood
Room Information
Living Room
Hookups in Garage
Bathtub
Interior Features
Dishwasher, Garbage Disposal, Gas Range/Cooktop, Microwave, Refrigerator, Dryer, Washer
Carpet Wall to Wall, Ceramic Tile
Central Air, Ceiling Fan(s)
Forced Air
Living Room
Beamed, Cathedral/vaulted Ceiling, Granite Counter Top
Exterior / Lot Features
2 Garage Spaces, 4 Parking Spaces, Assigned Parking Space, Driveway, Garage, Tandem
Composition, Shingle
None
No Pool
Ocean
Street Lights, Storage Area
Driving Directions
From PCH: Turn onto Calliope Street, continue onto Catalina
Financial Considerations
64420407
$67,800 Income ,$27,935Expense
Listing Price History

Laguna Beach Real Estate

Laguna Beach is located in California. Laguna Beach, California 92651 has a population of 22,873.

The median household income in Laguna Beach, California 92651 is $95,020. The median household income for the surrounding county is $75,566 compared to the national median of $53,046. The median age of people living in Laguna Beach 92651 is 49.4 years.

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Courtesy: Coldwell Banker Res. Brokerage Tim Smith
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